USA Financial Portformulas Corp decreased its position in shares of Take-Two Interactive Software Inc (NASDAQ:TTWO) by 73.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,250 shares of the company’s stock after selling 11,866 shares during the quarter. USA Financial Portformulas Corp’s holdings in Take-Two Interactive Software were worth $467,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Geode Capital Management LLC lifted its holdings in shares of Take-Two Interactive Software by 12.0% in the fourth quarter. Geode Capital Management LLC now owns 999,479 shares of the company’s stock worth $109,662,000 after acquiring an additional 106,849 shares during the last quarter. Maverick Capital Ltd. increased its stake in shares of Take-Two Interactive Software by 57.0% in the fourth quarter. Maverick Capital Ltd. now owns 77,280 shares of the company’s stock valued at $8,484,000 after buying an additional 28,070 shares during the period. Monetta Financial Services Inc. acquired a new stake in Take-Two Interactive Software during the 4th quarter valued at approximately $1,294,000. Breakline Capital LLC acquired a new stake in Take-Two Interactive Software during the 4th quarter valued at approximately $3,206,000. Finally, Jackson Square Partners LLC increased its position in Take-Two Interactive Software by 11.6% during the 4th quarter. Jackson Square Partners LLC now owns 3,898,808 shares of the company’s stock valued at $428,011,000 after purchasing an additional 403,740 shares during the period. 91.31% of the stock is owned by institutional investors and hedge funds.
Take-Two Interactive Software Inc (NASDAQ:TTWO) traded down $4.26 during trading on Wednesday, reaching $109.23. The company’s stock had a trading volume of 5,460,000 shares, compared to its average volume of 2,700,000. The company has a quick ratio of 1.17, a current ratio of 1.18 and a debt-to-equity ratio of 0.01. Take-Two Interactive Software Inc has a twelve month low of $56.50 and a twelve month high of $129.25. The company has a market capitalization of $12,500.00, a P/E ratio of 67.84, a price-to-earnings-growth ratio of 3.10 and a beta of 0.96.
Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.34. The firm had revenue of $653.94 million for the quarter, compared to the consensus estimate of $669.08 million. Take-Two Interactive Software had a return on equity of 27.78% and a net margin of 9.43%. equities analysts expect that Take-Two Interactive Software Inc will post 2.45 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Morgan Stanley assumed coverage on shares of Take-Two Interactive Software in a research report on Thursday, February 1st. They set an “overweight” rating and a $150.00 price objective for the company. Wedbush set a $126.00 target price on Take-Two Interactive Software and gave the stock a “hold” rating in a report on Thursday, February 8th. ValuEngine cut Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. TheStreet upgraded Take-Two Interactive Software from a “c+” rating to a “b” rating in a research note on Wednesday, February 7th. Finally, Hilliard Lyons upgraded Take-Two Interactive Software from an “underperform” rating to a “neutral” rating in a research note on Friday, February 9th. Six analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $123.48.
In other Take-Two Interactive Software news, Director Michael Sheresky sold 428 shares of the stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $108.11, for a total value of $46,271.08. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.55% of the stock is currently owned by corporate insiders.
Take-Two Interactive Software Company Profile
Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.
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